Tether Gold (XAUT) currently has a price of £2.1K and is down -0.085% over the last 24 hours. The cryptocurrency is ranked 139 with a market cap of £512.4M. Over the last 24 hours, it saw £4M of trading volume. The token has a circulating supply of 246.5K tokens out of a total supply of 246.5K tokens.
Tether Gold (XAUT) is a blockchain-based cryptocurrency backed by physical gold reserves held in a Swiss vault. Each XAUT token represents ownership of one troy ounce of gold, making it divisible and tradable on cryptocurrency exchanges. Tether conducts regular audits to verify the backing of the gold reserves and strives for transparency to build trust among investors. This digital asset allows individuals to combine the stability of gold with the convenience and flexibility of digital assets, providing a secure and convenient way to invest in physical gold without the need for physical possession.
Disclaimer: The “About” content was generated with the use of AI. For feedback and sponsorship enquiries, email [email protected].
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.